El Salvador: The Most Profitable Country on Bitcoin Investment

[stadus]

With the current bull run, one country has benefited significantly - El Salvador. They started accumulating Bitcoin well before this bull run, and as recently reported, they’ve already gained more than 100% on their investment.

Just imagine what that kind of profit could do to improve their country. I think other nations, especially developing ones, should start considering following El Salvador’s lead when it comes to Bitcoin investment. It could improve their economies, it should be a game- changer.

Look at the numbers.

Among those celebrating bitcoin’s ascendance past $100,000 is the country of El Salvador.

President Nayib Bukele on Thursday posted a screenshot of the country’s portfolio on X that showed a current year-to-date balance of $603,340,991, a gain of 117%, or $326,245,977.98, thanks to a bitcoin investment that began in 2021.

[Charles-Tim]

After bad-mouthing from the IMF, bitcoin has been what El Salvador adopted that helped the country to some extent. El Salvador president is knowledgeable. He really deserved the second term.

All the advices IMF gave my country result to poorer standards of living and inflation as ever been on the rise with our present president that thinks here can work like the Western world but not tackling the issues from the root cause.

Developing countries should try not to follow developed countries but they should use their own brain. If developed countries did not begin bitcoin as a strategic reserve as an example, developing countries will not start anything like that. Very bad.

[apogio]

Good post, but I suggest that we keep this one: https://bitcointalk.org/index.php?topic=5342087.0

It's a post dedicated to El Salvador and it's daily visited and used by many users.

[stadus]

Good post, but I suggest that we keep this one: https://bitcointalk.org/index.php?topic=5342087.0

It's a post dedicated to El Salvador and it's daily visited and used by many users.

Thank you for the suggestion, I appreciate it. However, that thread focuses on all developments regarding El Salvador. I’m aware of it, but I’d like to keep this one because its main purpose is to discuss how a country can be profitable by investing in Bitcoin. This thread is specifically for investment purposes, and I’m hoping that the information shared here will help other countries recognize the opportunities they haven’t explored yet.

[Solosanz]

Nayib Bukele jump in the right time, he bought Bitcoin when Bitcoin was cheap, he might have been studying the market from few years ago, so he know when to buy Bitcoin.

I disagree if developing countries should buy Bitcoin to change improve their financial, the biggest problem in developing countries is corruption, even the country made 1,000% profit, they wouldn't distribute all the profit, they might only distribute 1% to the public.

[apogio]

Thank you for the suggestion, I appreciate it. However, that thread focuses on all developments regarding El Salvador. I’m aware of it, but I’d like to keep this one because its main purpose is to discuss how a country can be profitable by investing in Bitcoin. This thread is specifically for investment purposes, and I’m hoping that the information shared here will help other countries recognize the opportunities they haven’t explored yet.

Ok, sounds fair.


Kind of out subject but what is the app in the screenshot? I love the UI design. Could it be Strike? Because I know Bukele was heavily influenced and helped by Jack Mallers in this endeavour.

[Sanitough]

Aside from investing, there’s another way.. countries can follow what Bhutan is doing. They’re mining Bitcoin and taking advantage of their surplus energy resources. At the current price, they already own roughly $1 billion worth of Bitcoin.

If a country truly trusts Bitcoin, they can find ways to either earn or invest in it. Mining is one of the easiest and least risky ways to get involved compared to direct investments, as it generates income while utilizing excess energy.

[shield132]

With the current bull run, one country has benefited significantly - El Salvador. They started accumulating Bitcoin well before this bull run, and as recently reported, they’ve already gained more than 100% on their investment.

Just imagine what that kind of profit could do to improve their country. I think other nations, especially developing ones, should start considering following El Salvador’s lead when it comes to Bitcoin investment. It could improve their economies, it should be a game- changer.

Look at the numbers.

Among those celebrating bitcoin’s ascendance past $100,000 is the country of El Salvador.

President Nayib Bukele on Thursday posted a screenshot of the country’s portfolio on X that showed a current year-to-date balance of $603,340,991, a gain of 117%, or $326,245,977.98, thanks to a bitcoin investment that began in 2021.

I've been saying since 2017 that poor countries should invest in Bitcoin. The only country that did what I said is El Salvador. Every developing country should focus on Bitcoin, blockchain and cryptocurrencies, they should also focus on AI because these two are the future and there is nothing with as good ROI as investing in future technologies.

Btw this profit isn't good enough to have a significant effect on the economy of many countries because for this, they need to invest a significant portion of their budget, which is still risky on a large scale but El Salvador is the winner in this case because they started investing in Bitcoin earlier, when the price was significantly low compared to current price. For the country with a budget of 8.5 Billion USD, 300 million net profit is a very good result.

[hd49728]

With the current bull run, one country has benefited significantly - El Salvador. They started accumulating Bitcoin well before this bull run, and as recently reported, they’ve already gained more than 100% on their investment.

I think El Salvador is not a most successful contry with national investment in Bitcoin, it would be Bhutan. Because El Salvador bought bitcoins with their national money, but Bhutan mostly get bitcoins from Bitcoin mining activities and that nation has abundant renewable energy resource.

Royal Government of Bhutan (Druk Holdings).

President Nayib Bukele on Thursday posted a screenshot of the country’s portfolio on X that showed a current year-to-date balance of $603,340,991, a gain of 117%, or $326,245,977.98, thanks to a bitcoin investment that began in 2021.

You can check their Portfolio and its ROI with this tracker.
https://nayibtracker.com/

[avikz]

I think El Salvador is not a most successful contry with national investment in Bitcoin, it would be Bhutan. Because El Salvador bought bitcoins with their national money, but Bhutan mostly get bitcoins from Bitcoin mining activities and that nation has abundant renewable energy resource.

Yes that's correct! No one talking much about Bhutan because western media usually ignores such small nations in Asia. Bhutan is a beautiful country and I had a good fortune of visiting their during my childhood. They have availability of abundant hydro power and the government is wise enough to use their extra electricity to mine Bitcoin. This step shows how visionary their government is, similar to El-Salvador.

I am sure Bitcoin is going to be a game changer for many countries in 2025. I can already see multiple countries are actively discussing to create a Bitcoin reserve. 2025 might be the year of decentralization.

[Gooner0]

This is quite an astonishing feat reached by El Salvador's community. Their president is the kind of man every developing country would wish for .
Perceiving opportunities and grasping them at the right time rather than looking out on the western civilized nations and mimicking their way of life.

[pakhitheboss]

All the advices IMF gave my country result to poorer standards of living and inflation as ever been on the rise with our present president that thinks here can work like the Western world but not tackling the issues from the root cause.

Developing countries should try not to follow developed countries but they should use their own brain. If developed countries did not begin bitcoin as a strategic reserve as an example, developing countries will not start anything like that. Very bad.

The biggest contributor to the IMF is the US and it does not want South American countries to be stable. The leader of El Salvador not only helped the country financially but has now reduced the crime rate. Not every third-world country can have a leader like him as most of them are corrupt if they do something like him for their country they will always think first about their benefit and not the country.

Bhutan a country ruled by a monarch was reported to be mining Bitcoin using natural energy from 2019. They have never reported how much Bitcoin they have officially but an estimation is that they have BTC12.206 as per this article. I think Bhutan is more profitable if we compare them with El Salvador as they never bought those Bitcoins they mined it using natural energy, and the only investment they made was in setting up the mining rigs.

[Russlenat]

I think El Salvador is not a most successful contry with national investment in Bitcoin, it would be Bhutan. Because El Salvador bought bitcoins with their national money, but Bhutan mostly get bitcoins from Bitcoin mining activities and that nation has abundant renewable energy resource.

That couuld also be considered as an investment as it falls on the definition of investment,
https://en.wikipedia.org/wiki/Investment

is traditionally defined as the "commitment of resources to achieve later benefits".

So, Bhutan invested in mining rigs to to earn bitcoins though mining (benefits). However, if we look at the broader picture, we can’t consider Bhutan the biggest player. The top spot on the list is still held by the USA.

here's the ranking
[Source: https://treasuries.bitbo.io/#countries]
1-USA
2-China
3- UK

Although a significant portion of what these countries earn is through the seizure of Bitcoin, I think by definition, it still falls under investment.
After all, they use resources and effort to acquire it.

[Finestream]

This is quite an astonishing feat reached by El Salvador's community. Their president is the kind of man every developing country would wish for .
Perceiving opportunities and grasping them at the right time rather than looking out on the western civilized nations and mimicking their way of life.

They’re now a model for other nations, showcasing a working formula that others can follow. Not jumping into this opportunity feels like wasting potential. Maybe some countries are just waiting for a big price correction, but what if the price continues to grow before that correction happens and never drops below $100k again? They need to consider that possibility as well.

For now, though, it seems like most countries aren’t willing to take the risk of investing in Bitcoin, except for the vocal ones already advocating for it. It’s a missed opportunity for those still hesitant.

[Lucius]

With the current bull run, one country has benefited significantly - El Salvador. They started accumulating Bitcoin well before this bull run, and as recently reported, they’ve already gained more than 100% on their investment.

Just imagine what that kind of profit could do to improve their country. I think other nations, especially developing ones, should start considering following El Salvador’s lead when it comes to Bitcoin investment. It could improve their economies, it should be a game- changer.

Look at the numbers.
~snip~

If you're going to talk about numbers, then you should take into account that this is a country that has been in serious financial problems for a long time and that the profit you're talking about is not something that can get it out of those problems. Public debt increased to 84.9 percent of GDP, and the poverty rate increased from 26.8% in 2019 to 30.3% in 2024.

I don't know if people are consciously choosing to live in an illusion or if they just don't want to see the truth - but if we're going to tell the truth, Bitcoin hasn't been of any help to that country (so far).

However, and despite a full recovery from the COVID-19 pandemic, with growth reaching 3.5 percent in 2023, poverty has since increased from 26.8% in 2019 to 30.3% of the population in 2023. Furthermore, around 10 percent of the population is now estimated to be living in extreme poverty compared to just over 5% in 2019....Public debt peaked at 84.9 percent of GDP and sovereign spreads remained high, with limited financing options. Since 2021 authorities have been working on successfully negotiating an IMF program to help address these fiscal challenges.

[MusaMohamed]

here's the ranking
[Source: https://treasuries.bitbo.io/#countries]
1-USA
2-China
3- UK

Although a significant portion of what these countries earn is through the seizure of Bitcoin, I think by definition, it still falls under investment.
After all, they use resources and effort to acquire it.

These countries, USA, China, UK and Germany did not invest their money in bitcoin like El Salvador or Bhutan. They seized bitcoins from criminal activities like Silk Road, Mixers and others. I don't think they are Bitcoin investors and because they are not investors, they can sell their bitcoins anytime. German goverment did it months ago and the USA. did it some times in the past too. I am unsure about UK government but it's not suprrising if they liquidate their bitcoins in future.

Germany Sells Off Final Bitcoin Reserves From Initial $3B Worth of Holdings

[fuguebtc]

Nayib Bukele jump in the right time, he bought Bitcoin when Bitcoin was cheap, he might have been studying the market from few years ago, so he know when to buy Bitcoin.

I disagree if developing countries should buy Bitcoin to change improve their financial, the biggest problem in developing countries is corruption, even the country made 1,000% profit, they wouldn't distribute all the profit, they might only distribute 1% to the public.

If I remember correctly, El Salvador started the bitcoin season in the 2021 bull season and at one point their investment was also damaged when the bitcoin price dropped to $15k in 2022. But with faith in bitcoin, Nayib Bukele planned to buy 1 BTC every day and eventually they got the reward they deserved.

Although El Salvador has made significant profits from investing in bitcoin, they have never used or intended to use it. So I don't think their country's economy is improved by bitcoin but instead I will give all the credit to Nayib Bukele. He is very good at suppressing crime, promoting the economy with the country's available resources such as tourism, labor export...
Bitcoin is a good investment but I also don't like the idea of ​​relying on bitcoin to improve a country's economy. Apart from the problem of corruption, to fix the economy, we need to find out the causes of economic recession and come up with appropriate solutions. We cannot just rely on bitcoin and think that it can save the national economy, the national economy is completely different from the economy of an individual or organization.

[yhiaali3]

Yes, El Salvador has achieved a 100% return by owning Bitcoin, this is very good for the state treasury and strategic reserve, but have the economic problems in the country been solved?

I mean, it is good of course to own Bitcoin, but it is not enough to solve the economic problems in developing countries, the economy in these countries is faltering and needs a lot of reforms, they need to increase production, diversify it and obtain new resources to contribute to the growth of national income and reduce debt.

[Fiatless]

With the current bull run, one country has benefited significantly - El Salvador. They started accumulating Bitcoin well before this bull run, and as recently reported, they’ve already gained more than 100% on their investment.

Just imagine what that kind of profit could do to improve their country. I think other nations, especially developing ones, should start considering following El Salvador’s lead when it comes to Bitcoin investment. It could improve their economies, it should be a game- changer.

Some people might argue that the profit El Salvador have made from investing in Bitcoin is insignificant. But the truth remains that they have made some good money. If they didn't invest in Bitcoin, I guess they won't have been able to make this funds. The gain from Bitcoin investment could be used to invest in some important infastructure that the country needs.

But it seems that the country has a long time investment plan for Bitcoin, so they might not be selling anytime soon. If the other Presidents after Nayib Bukele have thesame vision, they might keep the coin until it hits maybe $1m. 

[2Pizza410000BTC]

With the current bull run, one country has benefited significantly - El Salvador. They started accumulating Bitcoin well before this bull run, and as recently reported, they’ve already gained more than 100% on their investment.

Just imagine what that kind of profit could do to improve their country. I think other nations, especially developing ones, should start considering following El Salvador’s lead when it comes to Bitcoin investment. It could improve their economies, it should be a game- changer.

Look at the numbers.




https://www.marketwatch.com/story/el-salvador-sits-on-300-million-plus-profit-as-bitcoin-hits-a-milestone-a00f3e64]
Among those celebrating bitcoin’s ascendance past $100,000 is the country of El Salvador.

President Nayib Bukele on Thursday posted a screenshot of the country’s portfolio on X that showed a current year-to-date balance of $603,340,991, a gain of 117%, or $326,245,977.98, thanks to a bitcoin investment that began in 2021.

The government of El Salvador is a wise and important person. His intelligence has created a stir all over the world. Even after hearing bad things from different countries and people, he did not back down from investing in Bitcoin. He invested in Bitcoin with his absolute faith. He invested in Bitcoin with his own courage without caring about what people said, and today he is known all over the world as a brave and wise person. I think every country should have a government like El Salvador.

If the government of each country thought about its own country in its own way, then the country would reach the peak of much progress. If the governments of all developing countries could take steps like this government, then I think they would one day be able to give their country a good gift and the country would achieve a lot of progress financially.